The European Central Bank has not backed off from their hawkish inflation bias by any means, and with good reason: CPI remains well above their comfort zone and upside inflation risks persist.

The Federal Reserve cuts rates by 75 basis points, but inflation concerns are building.

The Federal Reserve is pulling out all the stops, as the Fed announced on Tuesday morning that they would expand their securities lending program in an attempt to instill stability in the financial markets.

Richard Lee offers a preview of what to expect for Friday’s market moving release.

The minutes from the FOMC’s January meeting reflect a clear concern regarding the downside risks to growth, but what about inflation?

The Federal Reserve lowered interest rates by 50bp on Wednesday and indicated that they will be cutting rates further in the months to come. How much and how quickly they reduce interest rates again will be dependent upon the level of job growth in the month of January.

Futures are pricing in an 86 percent chance of a 50 basis point cut to 3.00 percent on Wednesday, but what if traders are wrong?

Federal Reserve Chairman Ben Bernanke's ultra-dovish commentary last week triggered a major sell-off for the US dollar and led fed fund futures to fully price in a 50bp cut on January 30, along with a 50 percent chance of a whopping 75 bp cut.

US economic data has not fared well as we enter 2008, as last week’s dismal non-farm payrolls reading of 18,000 and jump in the unemployment rate to a two-year high of 5.00 percent points toward a gloomy scenario.

Friday's US Non-Farm Payrolls release could shake up Federal Reserve rate cut probabilities.